Save to Favorites
Print
Share
PRICE $1,295,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 3,756 sqft
LOT SIZE 6,765 sqft

Investors line up and be prepared to write your cash offers ASAP! We have a fantastic asset for sale, it’s the pride and joy of La Verne, CA! Very close to the University of La Verne (3 minutes away) ! Up for sale is a triplex, first time in 20+ years! This gorgeous 3 unit complex holds extra large units, featuring a 3/2 (~1,518 sq.ft), two 2/2(~1,218 sq.ft), with a total square footage of 3,756. Excellent to finish off as LUXURY UNITS. Great Turn-Key Investment with Excellent ROI Potential. With the ability to build more ADU's on the 6,766 sq.ft. Very clean complex, extremely well maintained. That’s $431,667 per unit. Find a 2 or 3 bedroom house that is cheaper than $432,000 in this market! Good luck! it does not exist! Far lower than replacement cost, with the potential room to build additional ADU’s. Lot's of upgrades: Converted carports into garages with doors and door openers, replaced all water/wall heaters, AC wall units (added additional AC units too), ceiling fans (and added additional ones), replaced wall heaters, replaced dishwashers; washers and dryers (stacked in the kitchen area)- tenants love this feature! Replaced all kitchen countertops, sinks, and replaced ranges in kitchen (all units). All bathrooms have been upgraded- new toilets, upgraded some of the bath tubs too. There's a new water main drain with copper piping. Painted Exterior, new security screen doors, the list of upgrades doesn't stop. Fantastic property for sale- with excellent cash flow potential. The property is in 8.9 / 10 condition. Priced to sell!!! This is the lowest price per square foot and price per door in this market. Ton’s of value to be had. Finish off to luxury units, and increase your cash flow today. But wait there's more! We are also representing the seller on an exact triplex across the street; please see 2531 Price Dr. La Verne. It’s also priced to sell at $1.295M. Buy one triplex or buy both triplexes for $2.590M. Both properties are significantly under market rents! Owners is retiring making this a perfect long-term investment. Buy all cash then cash out. Other comps in the area are trading for $490-$499K per unit.Property is being sold-AS IS and price reflects discount for any small or mid size repairs. Buyers/Buyers Agent to satisfy all features, build type, and actual sq.ft, etc. seller and sellers agent are not responsible for satisfying this information.

DAYS ON MARKET 14 LAST UPDATED 5/5/2022
YEAR BUILT 1964 COMMUNITY La Verne
GARAGE SPACES 3.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Wall/Window Unit(s), Whole House Fan
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Electric Oven, Electric Range, Gas Range, Washer
AREA La Verne
FIREPLACE Yes
GARAGE Yes
HEAT Wall Furnace
INTERIOR Ceiling Fan(s), Granite Counters, Storage
LOT 6766 sq ft
LOT DESCRIPTION Front Yard, Near Park, Walkstreet, Yard
POOL DESCRIPTION None
SEWER Public Sewer,Other
STYLE Mid-Century Modern, Other
UTILITIES Cable Connected,Phone Available,See Remarks,Underground Utilities,Water Available, Electric: Electricity - On Property,220 Volts in Kitchen
VIEW Yes
VIEW DESCRIPTION Mountain(s),Neighborhood,Peek-A-Boo
WATER Public,See Remarks
ZONING LVPR15A*
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 2524 PRICE DRIVE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Jorge Abich to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by : Carlos Campos CalDRE: 01501372 | 424-201-0101, Hope Street Funding & Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from CARETS as of 5/18/22 6:55 AM PDT. The information being provided by CRMLS & CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

This IDX solution is (c) Diverse Solutions 2022.